RULE BASED TRADING
When trading the Order Block strategy we follow a 3 rule based system.
The 3 things we look at before entering are:
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1. Look at overall market structure ( Higher Highs and Higher Lows or Lower Highs
and Lower Lows. Bearish or Bullish )
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2. Look for supply or Demand zones according to the higher timeframe trend ( So if
the higher timeframe trend is a down trend then you would look for supply zones and
if you are in a bullish market then you would demand zones
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3. Look at the lower time frames and look for the lower time frame confirmations ( this
can be in the form of reaction to the 4 Hour order block or it can be order blocks
forming on the lower time frames inside the higher time POI
Live chart example
Daily:: https://www.tradingview.com/x/qOgmO0hY/
4H: https://www.tradingview.com/x/c1IYHZwv/
1m: https://www.tradingview.com/x/V8cL0hzn/
1m entry: https://www.tradingview.com/x/XZABP8Ts/